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HomeMy WebLinkAbout1299 and sl~all perjorm, comply wi1i~ and a6ide by encl~ and eoe.y the agreerreents, sttpulatioru, condttions ond co~~enants ~l?e~eo~, and o~ Il~is mo?tpage. lhen tl~is mortgage and the eslate 6ere6y created, :hnll cease, de- le?mine and 6e nall and ~wid. ~i~ Ihe rnortga~o~ hercby /urfl~er rnvenants and agrees fo poy promptly when due ll~e principal unc~ internst and othPr st~ms oJ rnoiiey provtded /or In sait~ nole and this mortgage, o~ eifher; to pay a~~ and singular ~I~e Ia.rps, ussessments, leuies, lia6ilities, obli9nfions, and encum6r~unces of every nalure on soid pro- perty: !o permit, commit or suJ~er no wasle, impairmenl or deterio?afion oJ saicj ~and o~ !he improvemenfs ihprecn at any time; to Ireep the 6uilclinfls notu or he?rafte~ on said land (ully i~sure~I tn u sum oj not ~ess than NO~N$ in a company or companies accepta6le to !he mo?tgagee, tl~e policy o~ pol~cies to b~ /~eld by, and ~yabi~ to, said morigage~+, and i~ Ihe e~en1 any sum oj money becomes ~yab[~ by virlue o~ suclt insw~ance tl~e mortgagee s~a~~ ~ave lhe rig~t to receive and apply the same to fhe Indebtedness hereby secured, acc~ounline to Ihe mortgngor (or any surplus; to pny ul~ cosfs, cha?+ges, and earpensea. including ~awyers Fees anc, iif~a searches, reasona6ly incurrecl or pnitl by the ~rtortgagee 6ecbuse o~ the /ailure o~ the mortgagor to promptlr and /ully aomply wif{~ t~e agreeiner~fs, slipu~afions, conditions nnd eovenants oJ saic~ note un~ t{~is mortgage. or eitleer; to per/orm, comply with and n6ide 6y earF~ and euery the agreements, sfipulations, conditioru and covenants set jartl~ in snid note and this mortgage or either. In the euent the mortgagor (aila !o pay w1~en d~ any tox, assessment, insurance premium o~ other sum o( money payn6le 6y ~irtue o( said nole and tf~is mortgage, or eif{~er, the mo~tgagee may ~y ~I~e same, wiihout waiving or a((ecting t~e option to ~orec~ose or any otl~er right herpunder, and all such payments shall 6ear interes! (rom date thereo( at ihe 1~Fg~est Iaw- (ul mle Ihan allowed by fhe [aws oJ the State o/ Flortdn. any sum oJ money herein re(erred to 6e not prompt[y paid within thirty days next a~ter Ihe same 6ecomes due, or if each and every the agreements, stipulations, conditions und covenants o/ said note and this morfga~e, or either, are not (ully perjornted, complied witlt and ab~ded 6y, then the en~ir+e sum mentioned in said note, and IRis mortgage, or the enlire balurtce unpaid ther~eon. Shall jortf~wetfe or Iherea(ter, nt thc~ oplion o/ tbe mortgagee, 6ecome nnd be due and paya6le, anytbing in said note oi I~erein to tl?e conirary notwit6slanding. Failure 6y the morfgagee to exencese any o/ the rights o~ options herein prouidec~ shall not constifufe. a tuuiver oJ teny rig~ls or opfions under saic~ note or f~is mo?tgage nccrued o~ therea~ler accrt~ing. ~n ~~u`~ ~,K`LD`~ t~e said mortgagor has /iernunlo signe~ anc, sea~ec~ these presents fhe ~ay a~e~ year Jirsf u~iove u~rilien. Signed, seale~l and del' ere 'n lhe presence of : ~ 7 f - - - - = ~ e t DiVa~, as Trus tee ~ " STATE OF FLORIDA. ~ cout~~rv oF ST. LUCIE. I HER£BY CERTIFY that on this day~ beton me~ an of(icer duly authorized in the Statr aforesaid and in the County aforesaid to tak~ acknowledgmenu, penonally appeared ALBERT DI VAG~IO, as Trus tee to me known to be the person described in and who exccuted the for~goinq instrument and he acknowka3ncd before me that he ~xecuted the same. Wl"1'NESS my hand and o(ficial ual in thc (:ounty and State last a(oresaid thu 26th day o( November A. D_ l9 69. 1 ~ . Notary FI ED ANO RECOROEO' _ , _ ST. UC~E C~ER FYEDLA:- My Commissian Expires: ~7 Ei~:`~~~ 4 PM Z' sat~ ~ Flo,;~ ~t ~69 C , Commissioa E:p;ra Dec. 20. 1972 V . ~ . ~'dw ti M.,~~ F.. a c....~r 4~ f~~: ~o:~rRa~ , ~ RK.CiRCt!!T COURT_ • _ r~ . ~ = , ~ : - , - , - . : - _ , • ~ . _ ~ BOUK~I~~ PACE~299 _ ~ ~ , _ - ~ _